Texas Education Code - Section 55.1711. Texas A&M University--Corpus Christi
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§ 55.1711. TEXAS A&M UNIVERSITY--CORPUS CHRISTI. (a) The
board of regents of The Texas A&M University System may acquire,
purchase, construct, improve, enlarge, and equip property,
buildings, structures, and facilities for Texas A&M
University--Corpus Christi, including a classroom, a laboratory,
and an office facility; a central heating and air conditioning
plant; roads, sidewalks, landscaping, and related infrastructure;
and a physical education instructional facility. The board may
finance said facilities through the issuance of bonds pursuant to
this subchapter and in accordance with its existing system-wide
revenue financing program and may pledge irrevocably to the payment
of such bonds all or any part of the aggregate amount of student
tuition charges required or authorized by law to be imposed on
students enrolled at Texas A&M University--Corpus Christi; and the
amount of any pledge so made shall never be reduced or abrogated
while such bonds, or bonds issued to refund such bonds, are
outstanding. Bonds issued pursuant to this subsection may not be
issued in an aggregate principal amount exceeding $30 million.
(b) The bonds issued hereunder and the facilities financed
thereby shall be subject to all approvals then required by law.
Added by Acts 1991, 72nd Leg., ch. 438, § 1, eff. June 8, 1991.
Amended by Acts 1997, 75th Leg., ch. 126, § 1, eff. May 19, 1997.
Section: 55.12 55.13 55.14 55.15 55.16 55.17 55.171 55.1711 55.1712 55.1713 55.1714 55.1715 55.1716 55.1717 55.1718
Last modified: August 10, 2007
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